BidaskClub upgraded shares of Liberty Broadband Corp Series A (NASDAQ:LBRDA) from a buy rating to a strong-buy rating in a research report sent to investors on Tuesday, BidAskClub reports.

LBRDA has been the topic of several other reports. Zacks Investment Research upgraded shares of Investar from a hold rating to a buy rating and set a $27.00 price target on the stock in a report on Tuesday, June 4th. TheStreet upgraded shares of White Mountains Insurance Group from a c rating to a b rating in a report on Monday, May 13th. ValuEngine upgraded shares of VESTAS WIND SYS/ADR from a hold rating to a buy rating in a research note on Thursday, May 9th. Macquarie upgraded shares of Prosiebensat 1 Media from a neutral rating to an outperform rating in a research note on Tuesday, April 9th. Finally, Deutsche Bank boosted their target price on shares of Walmart from $118.00 to $120.00 and gave the company a buy rating in a research note on Friday, May 17th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Liberty Broadband Corp Series A currently has a consensus rating of Buy and an average target price of $107.00.

Shares of NASDAQ LBRDA opened at $106.59 on Tuesday. Liberty Broadband Corp Series A has a twelve month low of $68.76 and a twelve month high of $106.46. The business’s fifty day moving average price is $101.39. The company has a market capitalization of $19.26 billion, a P/E ratio of 280.50 and a beta of 1.30. The company has a debt-to-equity ratio of 0.05, a current ratio of 12.76 and a quick ratio of 12.76.

Liberty Broadband Corp Series A (NASDAQ:LBRDA) last posted its quarterly earnings results on Thursday, May 2nd. The company reported ($0.08) earnings per share for the quarter. Liberty Broadband Corp Series A had a net margin of 507.95% and a return on equity of 0.67%. The company had revenue of $3.46 million during the quarter. As a group, analysts anticipate that Liberty Broadband Corp Series A will post 0.85 earnings per share for the current year.

Hedge funds have recently added to or reduced their stakes in the business. Princeton Global Asset Management LLC purchased a new stake in shares of Liberty Broadband Corp Series A in the 4th quarter valued at $26,000. Quadrant Capital Group LLC boosted its stake in shares of Liberty Broadband Corp Series A by 490.9% in the 1st quarter. Quadrant Capital Group LLC now owns 650 shares of the company’s stock valued at $57,000 after purchasing an additional 540 shares in the last quarter. Mraz Amerine & Associates Inc. purchased a new stake in shares of Liberty Broadband Corp Series A in the 1st quarter valued at $206,000. Waldron Private Wealth LLC purchased a new stake in shares of Liberty Broadband Corp Series A in the 1st quarter valued at $219,000. Finally, Sumitomo Mitsui Trust Holdings Inc. purchased a new stake in shares of Liberty Broadband Corp Series A in the 1st quarter valued at $220,000. 11.97% of the stock is owned by institutional investors and hedge funds.

About Liberty Broadband Corp Series A

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential, and small and medium business customers in the United States. The company operates through Skyhook and Charter segments. The Skyhook segment offers Precision Location Solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understand the precise geographic location and movement of mobile devices, as well as for enhancing the location determination capabilities of a hybrid location system.

Further Reading: What is the price-sales ratio?

Receive News & Ratings for Liberty Broadband Corp Series A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Broadband Corp Series A and related companies with MarketBeat.com's FREE daily email newsletter.